Europe Research Roundup: AXA, BESI, Sika

Endesa SA

04/08/2026 08:20

Aug 4 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including AXA, BESI and Sika on Tuesday. 

HIGHLIGHTS
    
* AXA AXAF.PA: Jefferies raises target price to EUR 52 from EUR 43 
* BESI BESI.AS: Berenberg raises to buy from hold 
* Cucinelli BCU.MI: Citigroup initiates coverage with buy rating
* Sika AG SIKA.S: Citigroup raises target price to CHF 210 from CHF 190
* Zigup Plc ZIG.L: Peel Hunt raises target price to 570p from 480p 

        
Following is a summary of research actions on European companies reported by Reuters on Tuesday. Stock entries are in alphabetical order. 


* ACS Actividades De Construcción Y Servicios S.A. ACS.MC: Barclays ups PT to EUR 153 from EUR 149 
* Adidas AG ADSGn.DE: UBS cuts target price to EUR 173 from EUR 219 
* Adidas AG ADSGn.DE: UBS cuts to neutral from buy 
* Ageas SA AGES.BR: Berenberg raises target price to EUR 86.3 from EUR 73 
* Airbus SE AIR.PA: Wells Fargo raises target price to EUR 210 from EUR 175 
* ArcelorMittal SA MT.AS: Citigroup raises target price to EUR 75 from EUR 67 
* AXA AXAF.PA: Jefferies raises target price to EUR 52 from EUR 43 
* Banco Sabadell SABE.MC: Deutsche Bank raises target price to EUR 3.75 from EUR 3.45 
* Befesa BFSA.DE: Deutsche Bank raises target price to EUR 39 from EUR 35 
* Beiersdorf AG BEIG.DE: Barclays cuts target price to EUR 70 from EUR 72 
* BESI BESI.AS: Berenberg raises to buy from hold 
* Besi BESI.AS: Bernstein raises target price to EUR 320 from EUR 310 
* Caixabank CABK.MC: Deutsche Bank raises target price to EUR 12.05 from EUR 11.35 
* Clarkson Plc CKN.L: Berenberg raises target price to 5925p from 5250p 
* Clarkson Plc CKN.L: Deutsche Bank raises target price to 5300p from 4950p 
* Credit Agricole S.A. CAGR.PA: Morgan Stanley raises target price to EUR 20 from EUR 19
* Cucinelli BCU.MI: Citigroup initiates coverage with buy rating
* Cucinelli BCU.MI: Citigroup initiates coverage with target price EUR 110 
* Diasorin DIAS.MI: Deutsche Bank raises target price to EUR 60 from EUR 58 
* Endesa ELE.MC: HSBC raises target price to EUR 41.5 from EUR 38.4 
* Engie ENGIE.PA: HSBC raises target price to EUR 29.6 from EUR 28.7
* FDM Group Holdings Plc FDM.L: Deutsche Bank cuts target price to 155p from 160p 
* Gerresheimer GXIG.DE: Deutsche Bank raises target price to EUR 26 from EUR 22
* Hochtief AG HOTG.DE: Barclays cuts target price to EUR 487 from EUR 493 
* Hostelworld Group Plc HSW.L: Davy Research raises target price to 139p from 130p 
* HSBC HSBA.L: BofA Global Research raises price objective to 1,720p from 1,650p 
* HSBC HSBA.L: Morgan Stanley raises target price to 1674p from 1527p 
* Huhtamaki HUH1V.HE: Citigroup raises target price to EUR 36 from EUR 35 
* IG Group IGG.L: BofA Global Research raises price objective to 2,584p from 2,418p 
* IMI IMI.L: Barclays raises target price to 3385p from 3230p 
* Interroll INRN.S: UBS raises target price to CHF 2400 from CHF 2295 
* IWG IWG.L: Barclays cuts target price to 300p from 320p 
* JCDecaux JCDX.PA: BofA Global Research raises price objective to EUR 28 from EUR 26 
* Johnson Matthey JMAT.L: Jefferies reinstates coverage with  price target 2330p 
* Johnson Matthey JMAT.L: Jefferies reinstates coverage with buy rating
* Kardex KARN.S: UBS cuts target price to CHF 346 from CHF 348 
* Keller Group Plc KLR.L: Berenberg raises target price to 3300p from 3150p 
* Legal & General Group Plc LGEN.L: Peel Hunt raises target price to 320p from 290p
* Lloyds Banking Group LLOY.L: UBS raises target price to 133p from 130p 
* L'Oreal S.A OREP.PA: Morgan Stanley raises target price to EUR 388 from EUR 376 
* Melia Hotels MEL.MC: UBS cuts target price to EUR 11.5 from EUR 11.8 
* Mondi MNDI.L: Barclays raises target price to 770p from 640p 
* Nemetschek SE NEKG.DE: UBS cuts target price to EUR 52 from EUR 53 
* OMV AG OMVV.VI: HSBC raises target price to EUR 55 from EUR 53 
* Opmobility SE OPM.PA: Citigroup cuts target price to EUR 18 from EUR 21
* Pearson PSON.L: Goldman Sachs cuts to neutral from buy 
* PostNL NV PTNL.AS: Barclays raises target price to EUR 0.85 from EUR 0.8 
* Raiffeisen Bank Intl. RBIV.VI: Deutsche Bank raises target price to EUR 46 from EUR 40 
* Reckitt Benckiser Group Plc RKT.L: Barclays raises target price to 5800p from 5600p 
* Rolls Royce RR.L: JP Morgan raises target price to 1,800p from 1,625p
* Rolls Royce RR.L: Wells Fargo raises target price to 1750p from 1350p 
* RWS Holdings Plc RWS.L: Deutsche Bank raises target price to 180p from 175p 
* Sabre Insurance Group Plc SBRE.L: Jefferies raises target price to 182p from 152p
* Safran SAF.PA: Wells Fargo raises target price to EUR 390 from EUR 325 
* Sainsbury SBRY.L: Goldman Sachs raises PT to 360p from 325p 
* Sainsbury SBRY.L: Goldman Sachs raises to neutral from sell
* Sainsbury'S SBRY.L: Deutsche Bank raises target price to 390p from 360p 
* Salvatore Ferragamo S.P.A. SFER.MI: JP Morgan raises PT to EUR 9 from EUR 8.50 
* Salvatore Ferragamo SpA SFER.MI: UBS cuts target price to EUR 10.3 from EUR 10.7 
* Sampo SAMPO.HE: JP Morgan cuts target price to EUR 10.50 from EUR 11.30 
* Sampo SAMPO.HE: JP Morgan cuts to neutral from overweight
* Sanofi SASY.PA: Bernstein cuts target price to EUR 106.21 from EUR 107 
* Schneider Electric SCHN.PA: Berenberg raises target price to EUR 340 from EUR 325
* SEGRO SGRO.L: Peel Hunt raises target price to 1000p from 915p 
* SIG Group AG SIGNC.S: Citigroup raises target price to CHF 19.3 from CHF 15.2 
* Sika AG SIKA.S: Citigroup raises target price to CHF 210 from CHF 190
* Softcat Plc SCTS.L: UBS raises target price to 2000p from 1700p 
* SSP Group Plc SSPG.L: Berenberg raises target price to 245p from 230p
* Swedish Orphan Biovitrum SOBIV.ST: Berenberg cuts PT to SEK 560 from SEK 575 
* Swissquote SQN.S: Deutsche Bank cuts target price to CHF 59 from CHF 62 
* Taylor Wimpey TW.L: Deutsche Bank cuts target price to 82p from 96p 
* Taylor Wimpey TW.L: Peel Hunt cuts target price to 80p from 85p 
* The Magnum ICE Cream Company N.V. MICCT.AS: Berenberg ups PT to EUR 15 from EUR 14.2 
* The Magnum ICE Cream Company N.V. MICCT.L: Berenberg raises PT to 1280p from 1217p 
* Tryg TRYG.CO: JP Morgan  cuts target price to DKK 140 from DKK 170 
* Tryg TRYG.CO: JP Morgan cuts to underweight from neutral
* Unite Group UTG.L: Morgan Stanley cuts target price to 600p from 675p 
* Universal Music Group VIV.PA: Morgan Stanley cuts target price to EUR 25 from EUR 31 
* Vallourec VLLP.PA: Morgan Stanley cuts target price to EUR 21.5 from EUR 22.3 
* Volution Group Plc FAN.L: Berenberg raises target price to 880p from 870p 
* Volvo Car VOLCARb.ST: Citigroup cuts target price to SEK 16 from SEK 17 
* Vulcan Two Group Plc VUL.L: Canaccord Genuity cuts target price to 308p from 323p 
* Zigup Plc ZIG.L: Peel Hunt raises target price to 570p from 480p 

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))